DQ

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1.  Reference article

Swedroe, L. (2011, October 4). The accuracy of experts forecasts. CBS News: MoneyWatch. Retrieved from http://www.cbsnews.com/8301-505123_162-37843020/the-accuracy-of-experts-forecasts/


2.  Complete 150 word discussion question

Answer following;

In the examples used in this chapter, we assumed that a firm would recover all of the working capital it invested in a project. Is this a reasonable assumption? When might it be not valid?

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